BRISTOL WATER PR14 BUSINESS PLAN

Following their regulatory review in , Bristol Water wanted to challenge their Ofwat determination and significantly improve their results for the next planning period. Chief executive Luis Garcia rejects this stance, saying: UK uses cookies to make the site simpler. SSE pre-tax profits slump by more than a third. The key to success, is swift action, and a visible presence on the ground at the site of bursts and in communities affected by water quality disruptions. Appeals against its draft determinations at both PR09 and PR14 put the company at odds with the regulator.

It worked for Bristol last time in so far as its final settlement from the Competition Commission now the Competition and Markets Authority CMA was marginally better than that Ofwat offered up. Click here to go to the interviews Over the past year, the company has launched itself on an ambitious transformation journey, starting at the very top. All affected properties received an automatic compensation payment. In July last year, a large water main burst in Willsbridge on the outskirts of Bristol, cutting off supply to 35, properties. It is a big step for Bristol Water. There, he carried out a variety of activities, including overseeing the and price reviews.

bristol water pr14 business plan

Published 4 March Last updated 21 October — see all updates. Urgent action In the last six months or so there have been several disruptions to supply which called for urgent action. What is key to the success of campaigns such as Waterr

bristol water pr14 business plan

Competition and Markets Authority. Price reviews are always full of surprises.

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Prescriptive supervision In the case of the Clevedon contamination, Bristol Water flushed the water network in the area meaning it received a fresh supply from other sources.

Further, there were gaps in modelling and knowledge for some types of assets, resulting in an incomplete picture of asset investments. Deadline for determination to be sent plab CMA to Ofwat.

Bristol Water – SEAMS

This site uses cookies for essential functionality, performance and analytics, and marketing including behaviour advertising. Challenges The modelling capability within Bristol Water was historically reliant upon olan limited number of staff members. It kept customers informed of the work and was able to lift the boil water notice on 15 January. How is Bristol Water changing? What to read next. The next focus for us is on demonstrating that. SSE pre-tax profits slump by more than a third.

bristol water pr14 business plan

This decision has haunted the industry ever since, and usually dissuades companies from trying to take on the regulator. Bristol Water has submitted their business plan to Ofwat.

A new direction for Bristol Water

What were you doing? Is this page useful? The consultation has now closed. Your Telephone Number required. Sort Relevancy Date Added. Bristol Water wanted to find a tool that could optimise scenarios across their asset stock.

Transparency is an issue for the whole industry, particularly in the current climate. Our data generally is accurate, and Ofwat has recognised the improvements that have been made on that. Request a call back. A new chief executive, Mel Karam, joined the wwater on 1 April That has given us the opportunity to address a few areas and build on those — which is important to acknowledge.

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Bristol Water

Contents Administrative timetable Final determination Extension of price determination period Responses to provisional findings Provisional findings Third party hearing summaries Third party initial submissions Main party submissions Inquiry group appointed Notice of reference Reference decision.

They suggested its legacy of conflict with the regulator alongside ongoing operational performance issues will simply be too great for the new management team ubsiness overcome before business plans are submitted this September. Appeals against its briwtol determinations at both PR09 and PR14 put the company at odds with the regulator.

Bristol Water plc price determination.

Bristol Water and the Final Determination: what history tells us. – Utility Week

A number of sector analysts expect a similar outcome as to what Bristol Water received last time. Find out more about cookies or brietol this message. Added to this is the fact that 89 per cent of Bristol Water employees are also Bristol Water customers.